What Happened to Glace Cryotherapy After Shark Tank?
What is Glace Cryotherapy?
Cryotherapy is a technique that involves freezing your body’s cells to -140 degrees Celsius. As a result, the particles freeze and die, allowing them to be expelled from your body.
Athletes are increasingly using Cryotherapy to aid with pain and inflammation reduction. The procedure’s purpose is to lower the body temperature so that blood can flow to the heart. At this time, it is incredibly oxygenated and nutrient-rich.
When the Cryotherapy procedure is finished and the body has warmed up again, blood flows back to the extremities.
Glace Cryotherapy was founded by Skyler Scarlett and Brittany Scarlett-Torres, a brother and sister team. Cryotherapy has been increasingly popular in recent years, and it is now extensively used in Japan, Europe, and the United States.
Various studies have lauded the benefits of Cryotherapy, with proponents claiming benefits such as pain management, weight loss, anti-aging, stress relief, detoxification, energy boosts, higher sports performance, heightened mood, and healthier skin, hair, and nails.
Who are the founder of Glace Cryotherapy?
Glace Cryotherapy was established by Skyler Scarlett and Brittany Scarlett-Torres. Cryotherapy has been increasingly popular in recent years, and it is now extensively used in Japan, Europe, and the United States.
Cryotherapy was developed more than 30 years ago in Japan to treat arthritis, but it has only recently acquired favor in the United States.
Skyler first discovered about Cryotherapy in 2011, and when he recognized it was a viable business opportunity, he enlisted the help of his sister to launch Glace Cryotherapy in Carmel, CA in October 2014.
They’ve since opened six more franchised locations: one in Florida, one in Oregon, one in Nevada, and three more in California.
According to the manager of the San Jose location, her Cryotherapy sessions assisted her in losing 15 pounds – each session “burns” up to 800 calories.
Many professional athletes attest to the medicines’ anti-inflammatory benefits. LeBron James, Floyd May weather, and a plethora of NFL players attend regular sessions.
Glace Cryotherapy uses Impact Cryotherapy Equipment and provides franchisees with a special purchase discount. They claim to be the industry leader in Cryotherapy spas and provide discounts on petrol, insurance, and their booking system.
What Happened to the Glace Cryotherapy Pitch on Shark Tank?
Skyler Scarlett and her sister Brittney Scarlett-Torres present Glace Cryotherapy, their franchised retail Cryotherapy clinics, on Shark Tank episode 20 of Season 7.
They seek the help of a Shark to accelerate their growth because Cryotherapy spas are a quickly growing industry that might have 3000 in the United States in a few years.
He saw an opportunity and decided to take a chance. Skyler is living in a barn on his mother’s property and has made several sacrifices to establish this business.
Skyler and Brittney entered the Shark Tank pitch seeking $100,000 for a 20% stake in their firm, which worth $666,667.
They switch on the cryosauna and explain its benefits. The Sharks look enthralled. Mr. Wonderful wants to know how much it will cost to freeze Mark’s cranium.
Robert decides to try it, so he undresses, puts on a robe, and enters the cryosauna. You are only allowed to stay inside for three minutes.
“OH MY GOD, THIS IS SO COLD!” cries Robert. As he goes out, his skin temperature is 32 degrees, but he says he feels great.
So far, Glace has achieved a profit of $115,000 on sales of $140,000. Their most expensive expenditure is the gas required to power the cryosauna. Each gadget costs $55,000.
According to Robert, everyone on Dancing with the Stars does this, and according to Mark, the Mavericks do as well.
Kevin advises that he go out and buy a machine and establish his own business, “Mr. Wonderful Freeze-a-Tron.” He informs them that they have nothing and that he would be leaving.
Mark states that there are many successful service businesses, but they all need employees, therefore he’s out.
If they want to go national, they need a game plan, according to Robert. He doesn’t notice since he’s gone out as well.
Lori doesn’t believe it’s worthwhile to invest in, therefore she’s out.
Barbara appreciates the company since it allows her to make money straight away. When Mark warns her, she just says, “Stay with your basketball.”
She believes she can make it into a million-dollar enterprise and that she understands how to do it.
Barbara offers a $100,000 for a 30% equity shares in the business, which they accept and walk out of the presentation with a deal.
What Happened to Glace Cryotherapy After Shark Tank?
Barbara’s deal never materialized after the episode aired, and they left the pitch without a deal. Skyler wrote on the company’s Facebook page.
On the plus side, they signed a deal yesterday with the billion-dollar health club chain LA Fitness, and they are presently raising funds to construct multiple corporate-owned facilities within their fitness clubs.
On the plus side, they signed a deal yesterday with the billion-dollar health club chain LA Fitness, and they are presently raising funds to construct multiple corporate-owned facilities within their fitness clubs. They have 600 locations across the United States, and we feel that this agreement will help us acquire funding.”
They had four locations but closed down in 2017. Skyler is currently working as a Cryotherapy consultant full-time.
Glace Cryotherapy Competitors
Glace Cryotherapy has a slew of rivals on the market. Aculaser Institute, Pwdsa Shunning Drugs, DAWO LA HUBO, Nuga best KENYA, N Health & Wellness Centre, Tabibu Cures International, Natural Healing & Wellness Alternatives, and others are among them.
Glace Cryotherapy Net Worth
During the pitch, the firm was valued at $666,667; after the pitch, the company was valued at $333,333. The company’s net worth is unknown because the company went out of business in 2017.
Glace Cryotherapy FAQs
How did Glace Cryotherapy work?
The Cryosauna uses a vapor to produce subzero temperatures, and it is a Cryotherapy system that is used to reduce inflammation, improve blood circulation, and regulate body temperature.
What were the benefits of Cryotherapy?
The main benefit of Cryotherapy is the reduction of inflammation. It can also help with inoperable skin cancer, recovery from surgery, and several other medical conditions.
How much did Cryotherapy cost?
The cost can range anywhere from $20 to $50 per session.
Where did Glace Cryotherapy come from?
Glace Cryotherapy was founded in 2014 by Skyler Scarlett and his sister Brittney Scarlett-Torres.
Was Glace Cryotherapy safe to use?
The FDA has not approved such machines for therapeutic use; therefore it cannot endorse such services.
What was Glace Cryotherapy made of?
It was made of a cryogenic chamber that used nitrogen gas, and the entire machine was heated cold air. It was made of a cryogenic chamber that used nitrogen gas, and the entire machine was heated cold air.
How long did it take to get results?
The effects are felt immediately after being introduced to the treatment and last for about 10 minutes after leaving the chamber.
Was Glace Cryotherapy safe for kids?
The company’s founder states that it is safe for kids, and they only use cryogenic chambers that fit children.
What were the results?
The benefits can vary from person to person, but the effects are typically felt within a relatively short time of therapy.
Was Glace Cryotherapy pricey?
Cryotherapy sessions are very inexpensive, and the entire session costs only $20 to $50.
What was the Cryotherapy Shark Tank episode about?
The Sharks came to hear a pitch, and Skyler Scarlett presented his business idea for Cryotherapy chambers, which eliminated inflammation and boosted the body’s metabolism.
What was the result of Glace Cryotherapy?
Unfortunately, Skyler did not get a good deal with the Sharks because they thought his business idea lacked potential.
Was Glace Cryotherapy a scam?
Glace Cryotherapy was not a scam, but rather an unproven treatment with uncertain results.
Was Glace Cryotherapy had any side effects?
No, there were no side effects associated with Glace Cryotherapy.
Was Glace Cryotherapy hair growth?
No, it did not help with hair growth.
Was Glace Cryotherapy good for your skin?
Cryotherapy may help with a number of skin conditions, but it cannot completely reverse aging or reverse damage from the sun.